Job Details

Market Making Lead

  2024-10-20     2K     Larkspur,CA  
Description:

Gala

Gala is creating entertainment that empowers on the blockchain. Across our family of brands, including Games, Music, Film, Blockchain and VOX, we're empowering creators and fans to build the future of entertainment.

Powered by talent from around the globe, we believe in making bold moves to create products that have never been seen in the marketplace. Gala was founded by Eric Schiermeyer (gaming legend and co-founder of Zynga) and ever since Gala has grown to be a leader in Web3 entertainment.

Under the Gala brand, we have a growing roster of reputable partners across Gaming and Entertainment, including DreamWorks, AMC, and NBCU. Plus, legendary game developers Peter Molyneux and Will Wright and music greats like Snoop Dogg, Ice Cube, Kings of Leon, and BT.

Our values are based on openness and ownership and the ability to deliver games, experiences, and opportunities to people worldwide. We are breaking down barriers to bring our communities joy, entertainment, and real-world value.

At Gala, we work with flexibility; we have a great time with our colleagues and love getting things done. While working here, you'll imagine and create new and exciting things for the world to enjoy. Your talents and efforts will improve our audiences' lives in the real world.

And this is just the beginning…

The Role

Gala is looking to hire a highly-skilled, experienced Market-Making Leader to help take our crypto projects to the next level. Reporting to the CFO, you will optimize market liquidity, execute trades, and manage relationships with liquidity providers and exchanges. The ideal candidate is an SME within the crypto industry. The ideal candidate will have a foundation in traditional financial markets (Forex, equities, bonds) where you have experience as a trader, particularly in high-frequency trading (HFT), derivatives trading, or quantitative trading.

We are seeking visionary business leaders with deep subject matter expertise and proven leadership experience to take our company to the next stage. The focus is driving new strategic initiatives, growing the existing business, including new and existing partners, and leading and managing teams. They will also manage their P&L. Most importantly, we need leaders who embody a “yes and” mentality, embracing challenges with a proactive, solutions-oriented mindset and a drive to figure things out and deliver impactful results.

You will be a part of a company of super-achievers who work together to bring forth the evolution of entertainment. The ideal candidate has prior blockchain experience, excellent people skills, business acumen, and an exemplary work ethic. We want someone with experience and passion for web3, cryptocurrency, and NFTs. We would love someone with a deep passion for web3, innovation, strong product management skills, and an impressive track record for working in a fast-paced, evolving, creative-minded environment.

If you have a passion and proven success in cryptocurrency market making and are ready to contribute to the growth and success of our project, we invite you to apply for this position.

Responsibilities

  • Market Making: Develop and execute strategies to create, maintain, and optimize market liquidity for our cryptocurrency projects across multiple trading platforms and markets. You will create a two-way market that helps the crypto industry thrive.
  • Liquidity Provision: Manage relationships with liquidity providers, including individuals and institutional investors, to ensure sufficient liquidity is available at all times.
  • Trade Execution: Execute trades on behalf of the project to maximize profitability and minimize risk. This may involve using various trading algorithms, strategies, and methods to achieve desired outcomes.
  • Risk Management: Monitor and analyze market conditions and trends, identify potential risks and opportunities, and implement appropriate risk management strategies to protect the project's assets and maintain market stability.
  • Relationship Management: Build and maintain strong relationships with key stakeholders, including exchanges, liquidity providers, and market makers, to ensure a smooth and efficient trading environment for our cryptocurrency projects.
  • Performance Metrics: Track and report on key performance metrics related to market making, including trading volume, trading profitability, and market liquidity, to identify areas for improvement and inform strategy development.
  • Continuous Improvement: Stay current with the latest market trends, trading strategies, and technologies to identify growth opportunities and optimize our market-making operations. Additionally, analyze buy and sell orders to anticipate future market movement.

Essential Skills and Qualifications

  • 5+ years of experience in market making in a professional environment, with a proven track record of success in managing liquidity and executing trades on behalf of cryptocurrency projects.
  • In-depth knowledge of market dynamics, trading strategies, and risk management techniques.
  • Experience stemming from a financial background, including working in investment banks, hedge funds, or proprietary trading firms.
  • Strong analytical skills and experience using data analysis tools to evaluate market trends and opportunities.
  • Significant knowledge in blockchain technology, cryptocurrencies, and decentralized finance (DeFi). Experience with exchanges, token liquidity, and decentralized exchanges (DEXs) is essential.
  • Proven ability to build and maintain strong relationships with key stakeholders in the cryptocurrency industry.
  • A strong understanding of the cryptocurrency market, blockchain technology, and the broader ecosystem.
  • Excellent communication and interpersonal skills, with the ability to work effectively with cross-functional teams and stakeholders.
  • Bachelor's degree in Finance, Economics, or a related field is preferred.
  • Self-motivated, stellar work ethic, fun collaborator.
  • Excited by problem-solving.
  • Fearless.

Nice-to-Have Skills and Qualifications

  • Driven and motivated by innovation.

Employee Benefits

  • Competitive Salary
  • U.S. based Employees receive 100% employee-covered benefits (Medical, Dental, and Vision Insurance)
  • Paid Parental Leave
  • Employee Assistance Program and much more.

NEXT STEPS

If you have the experience, passion, and drive to join our team, then please submit a resume by clicking the apply button below!

Please note that we are unable to provide visa sponsorship for our positions. Applicants must have the legal right to work in the country indicated by the job description without the need for visa sponsorship.

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